What is CareTrack?
Founded in 2019 out of the University of Toronto and headquartered in Carrollton, Georgia, CareTrack operates as a provider of remote healthcare solutions, with a particular emphasis on elderly care. The company leverages technology to enhance patient monitoring and healthcare accessibility for seniors, addressing a critical need in the aging population demographic. Its platform aims to bridge the gap between traditional in-person care and the growing demand for convenient, accessible health services.
How much funding has CareTrack raised?
CareTrack has raised a total of $600K across 1 funding round:
Angel/Seed
$600K
Angel/Seed (2020): $600K with participation from Atlanta Technology Angels and Johnson Venture Partners LLC
Key Investors in CareTrack
Atlanta Technology Angels
Atlanta Technology Angels is a leading angel investor network in Georgia that supports startup and early-stage technology companies throughout the Southeast. They provide financial investments ranging from $200K to $2M, along with mentorship, industry expertise, and valuable contacts to help entrepreneurs grow their businesses.
Johnson Venture Partners LLC
Johnson Venture Partners LLC is an investment firm that provides capital to companies. Their specific investment focus and stage preference are not detailed, but their participation suggests a strategic interest in CareTrack's market.
What's next for CareTrack?
With the infusion of $600K in total capital, including the recent strategic investment of $600K, CareTrack is well-positioned to accelerate its growth initiatives. This substantial backing is expected to fuel product development, enhance its technological infrastructure, and expand its market reach. The company's focus on elderly care and remote solutions aligns with major trends in healthcare, suggesting a strategic path toward becoming a leader in this specialized segment of the healthtech industry.
See full CareTrack company page
